n NISM Certifications
XXI NISM Series XXI-A
Medium

Mutual funds provide a variety of systematic transactions to its investors. Which of these is NOT a systematic transaction facility offered by a mutual fund?

Practice question from NISM XXI A for PMS - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Systematic Withdrawal Plan (SWP)

  2. B

    Systematic Investment Plan (SIP)

  3. C

    Systematic Transfer Plan (STP)

  4. Systematic Risk Plan (SRP)

    Correct answer

Why this is the answer

SRP is not a recognized systematic plan; the others are standard systematic investment or withdrawal facilities.

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